# BMTI Handy Bulk Market Update (22 June 2021) - BMTI – Trend Experts for Shipping

> A BMTI handy bulk market update describes a deadlocked dry bulk market with few fixtures, as charterers resist owners' high asking rates. Grain brokers expect ECSA front-haul and Black Sea to West Africa rates to rise, with owners seeking sharply higher daily hire.

- Date: 2021-06-22 · published 2021-06-22T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/46464-bmti-handy-bulk-market-update-22-june-2021-bmti-trend-experts-for-shipping
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Rising handysize and supramax grain freight from the Black Sea and South America increases delivered costs of feed grains into importing markets, supporting prices for buyers in those regions.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- bmti-report.com: https://www.bmti-report.com/bmti-handy-bulk-market-update-22-june-2021/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.